Print Page     Close Window     

SEC Filings

10-K
AGNC INVESTMENT CORP. filed this Form 10-K on 02/26/2018
Entire Document
 


AGNC INVESTMENT CORP.
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(in millions, except per share data)

 
 
For the year ended December 31,
 
2017
 
2016
 
2015
Interest income:
 
 
 
 
 
Interest income
$
1,293

 
$
1,321

 
$
1,466

Interest expense
524

 
394

 
330

Net interest income
769

 
927

 
1,136

Other gain (loss), net:
 
 
 
 
 
Gain (loss) on sale of investment securities, net
(63
)
 
109

 
(23
)
Unrealized gain (loss) on investment securities measured at fair value through net income, net
(71
)
 
(6
)
 
5

Gain (loss) on derivative instruments and other securities, net
193

 
(310
)
 
(764
)
Management fee income
13

 
8

 

Total other gain (loss), net:
72

 
(199
)
 
(782
)
Expenses:
 
 
 
 
 
Management fee expense

 
52

 
116

Compensation and benefits
42

 
19

 

Other operating expenses
28

 
34

 
23

Total operating expenses
70

 
105

 
139

Net income
771

 
623

 
215

Dividend on preferred stock
32

 
28

 
28

Issuance costs of redeemed preferred stock
6

 

 

Net income available to common stockholders
$
733

 
$
595

 
$
187

 
 
 
 
 
 
Net income
$
771

 
$
623

 
$
215

Other comprehensive income (loss):
 
 
 
 
 
Unrealized gain (loss) on available-for-sale securities, net
52

 
(370
)
 
(597
)
Unrealized gain on derivative instruments, net

 
39

 
101

Other comprehensive income (loss)
52

 
(331
)
 
(496
)
Comprehensive income (loss)
823

 
292

 
(281
)
Dividend on preferred stock
32

 
28

 
28

Issuance costs of redeemed preferred stock
6

 

 

Comprehensive income (loss) available (attributable) to common stockholders
$
785

 
$
264

 
$
(309
)
 
 
 
 
 
 
Weighted average number of common shares outstanding - basic
358.6

 
331.9

 
348.6

Weighted average number of common shares outstanding - diluted
358.7

 
331.9

 
348.6

Net income per common share - basic and diluted
$
2.04

 
$
1.79

 
$
0.54

See accompanying notes to consolidated financial statements.

63


© AGNC Investment Corp All Rights Reserved